BARBARASSURE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BARBARASSURE
Largest movements
- Financial fixed assets +€350,000
up €350,000 (+17.3%), from €2.0m to €2.4m
- Tangible fixed assets +€265,508
new in 2025: €265,508
- Debts after one year +€345,230
up €345,230 (+28.2%), from €1.2m to €1.6m
of which Financial debts: +€329,514
- Other debts +€176,931
up €176,931 (+241%), from €73,428 to €250,359
- Current portion of long-term debt +€46,203
up €46,203 (+30.9%), from €149,627 to €195,829
- Depreciation +€38,924
new in 2025: €38,924
- Gross operating margin -€23,914
down €23,914 (-17.9%), from €133,658 to €109,744
- Taxes -€19,451
down €19,451 (-68.8%), from €28,265 to €8,814
- Financial charges +€6,195
up €6,195 (+19.6%), from €31,678 to €37,872
- Other operating charges +€2,245
up €2,245, from €0 to €2,245
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,087,915 | €2,681,190 | +€593,275 | +28.4% |
| Fixed assets | 21/28 | €2,025,000 | €2,640,508 | +€615,508 | +30.4% |
| Tangible fixed assets | 22/27 | - | €265,508 | +€265,508 | |
| Land and buildings | 22 | - | €265,508 | +€265,508 | |
| Financial fixed assets | 28 | €2,025,000 | €2,375,000 | +€350,000 | +17.3% |
| Current assets | 29/58 | €62,915 | €40,682 | -€22,233 | -35.3% |
| Amounts receivable within one year | 40/41 | €30,885 | €17,211 | -€13,674 | -44.3% |
| Trade receivables | 40 | - | €89 | +€89 | |
| Other amounts receivable | 41 | €30,885 | €17,121 | -€13,763 | -44.6% |
| Cash at bank and in hand | 54/58 | €32,030 | €23,341 | -€8,690 | -27.1% |
| Deferred charges and accrued income | 490/1 | - | €131 | +€131 | |
| Total equity and liabilities | 10/49 | €2,087,915 | €2,681,190 | +€593,275 | +28.4% |
| Equity | 10/15 | €609,115 | €631,004 | +€21,889 | +3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,647 | €95,536 | +€21,889 | +29.7% |
| Distributable reserves | 133 | €73,647 | €95,536 | +€21,889 | +29.7% |
| Profit (loss) carried forward | 14 | €530,467 | €530,467 | = | 0.0% |
| Amounts payable | 17/49 | €1,478,800 | €2,050,186 | +€571,386 | +38.6% |
| Amounts payable after more than one year | 17 | €1,225,351 | €1,570,581 | +€345,230 | +28.2% |
| Financial debts | 170/4 | €723,351 | €1,052,864 | +€329,514 | +45.6% |
| Other amounts payable | 178/9 | €502,000 | €517,717 | +€15,717 | +3.1% |
| Amounts payable within one year | 42/48 | €253,450 | €472,730 | +€219,281 | +86.5% |
| Current portion of amounts payable after more than one year | 42 | €149,627 | €195,829 | +€46,203 | +30.9% |
| Trade debts | 44 | €19,395 | €17,042 | -€2,352 | -12.1% |
| Suppliers | 440/4 | €19,395 | €17,042 | -€2,352 | -12.1% |
| Taxes, remuneration and social security | 45 | €11,000 | €9,500 | -€1,500 | -13.6% |
| Taxes | 450/3 | €11,000 | €9,500 | -€1,500 | -13.6% |
| Other amounts payable | 47/48 | €73,428 | €250,359 | +€176,931 | +241% |
| Accrued charges and deferred income | 492/3 | - | €6,875 | +€6,875 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €38,924 | +€38,924 | |
| Other operating charges | 640/8 | €0 | €2,245 | +€2,245 | |
| Gross operating margin | 9900 | €133,658 | €109,744 | -€23,914 | -17.9% |
| Operating profit (loss) | 9901 | €133,658 | €68,575 | -€65,083 | -48.7% |
| Financial income | 75/76B | €790 | €0 | -€790 | -100% |
| Recurring financial income | 75 | €790 | €0 | -€790 | -100% |
| Financial charges | 65/66B | €31,678 | €37,872 | +€6,195 | +19.6% |
| Recurring financial charges | 65 | €31,678 | €37,872 | +€6,195 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €102,771 | €30,703 | -€72,068 | -70.1% |
| Income taxes | 67/77 | €28,265 | €8,814 | -€19,451 | -68.8% |
| Profit (loss) for the period | 9904 | €74,506 | €21,889 | -€52,617 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €74,506 | €21,889 | -€52,617 | -70.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.